Bakkt BKKT
NYSE BKKT
$5.72 +0.23 (+4.25%)
As of: Oct 21, 2026 · 11:41 AM EDT

Bakkt (BKKT) Asset Utilization Ratio (2021 - 2026)

Updated

Bakkt's (BKKT) Asset Utilization Ratio came in at 3.61 for Q2 2026, down 82.2% from 20.35 a year earlier and down 55.4% from the prior quarter.

Analysis

Bakkt (BKKT) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

For FY2025, Bakkt's Asset Utilization Ratio stood at 10.81, down 16.0% from FY2024.

  • In prior years, Bakkt's Asset Utilization Ratio was 12.87 in FY2024 (+538.1%), 2.02 in FY2023, 0.04 in FY2022 (+391.9%) and 0.01 in FY2021.
  • The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio since Q3 2024.
  • On a year-over-year basis, Asset Utilization Ratio increased in four of the last six quarters, with growth averaging 212.6%.
  • The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q1 2025, with growth of 864.2%; the weakest was Q2 2026, with a decline of 82.2%.
  • According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 8.10 (Q1 2026), 11.18 (Q4 2025) and 16.96 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 PayPal Holdings 50.64 Bn 8.86 Bn - 0.42
2 Block 47.20 Bn 18.49 Bn 3.17 Bn 0.63
3 Coinbase Global 47.02 Bn 3.82 Bn - 0.23
4 Corpay 26.80 Bn 16.69 Bn - 0.18
5 Fiserv 25.84 Bn 22.51 Bn 2.90 Bn 0.26
6 Global Payments 22.70 Bn 492.24 Mn 2.03 Bn 0.16
7 Guidewire Software 15.59 Bn 12.16 Bn 269.68 Mn 0.58
8 Bitmine Immersion Technologies 13.32 Bn 10.70 Bn 40.81 Mn 0.01
9 Chime Financial 11.68 Bn 7.47 Bn 594.87 Mn 1.25
10 Bakkt 233.50 Mn 12.37 Mn 2.21 Mn 3.61
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.61
Mar 31, 2026 8.10
Dec 31, 2025 11.18
Sep 30, 2025 16.96
Jun 30, 2025 20.35
Mar 31, 2025 16.43
Dec 31, 2024 4.74
Sep 30, 2024 1.53
Jun 30, 2024 1.23
Mar 31, 2024 1.70
Dec 31, 2023 1.31
Sep 30, 2023 0.62
Jun 30, 2023 0.54
Mar 31, 2023 0.12
Sep 30, 2022 0.03
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 0.03
API Access

Bakkt Asset Utilization Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BKKT&period=max&api_key=YOUR_API_KEY